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ROI-led digital transformation leads the C-suite business agenda
ROI-led digital transformation leads the C-suite business agenda Canada NewsWire ...
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[{"type":"text","content":"\n \n \n \n ROI-led digital transformation leads the C-suite business agenda\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Stock Market Symbols\n \n \n \n GIB (NYSE)\n \n \n \n GIB.A (TSX)\n \n \n \n www.cgi.com/newsroom\n \n \n \n \n Digital leaders producing results from their digital strategies focus on investments that deliver the highest returns according to CGI's global research\n \n \n \n \n MONTRÉAL\n \n ,\n \n \n July 18, 2023\n \n \n /CNW/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today the findings from its global proprietary research based on interviews with 1,764 business and IT executives in 21 economic sectors. The findings reveal that digitization is driving business model reconfiguration at record levels, with two-thirds of executives saying it has a high impact on their organization, up nearly 10 percentage points over two years.\n \n \n At the same time, just 1 in 5 executives interviewed say their organization's business models have a high degree of agility to address digitization, including the integration of new technologies such as AI. Two in 5 executives point to legacy systems among the key barriers to successful digitization.\n \n \n Over 90% of interviewed executives indicate they have digital strategies, with 31% now extending those strategies to their external ecosystems. While this indicates progress over previous years' research, just 30% of those executives state their organizations are producing expected results from their digital strategies; these organizations are identified as the digital leaders.\n \n \n When it comes to data strategy, 1 in 5 executives interviewed extend their data strategy across their value chain and partners. Across all executives interviewed, the most common areas of investment for improving data strategy are improving data quality (83%) and data management and governance (83%).\n \n \n CGI's research also reveals a correlation between business model agility and digital strategy results. Those ...